Guaranty Income Life Annuity Review
Guaranty Income Life Insurance Company is also known as GILICO in annuity markets. It is a fixed annuity company based in Baton Rouge, Louisiana. It has roots going back to 1926. GILICO built its reputation as a regional carrier. It focuses on traditional fixed annuities and whole life insurance. Independent agents mainly sell these products in the South and Midwest. It remains a niche player in today’s MYGA market. Rate-savvy buyers know it sometimes offers competitive fixed annuities.
This review covers GILICO’s financial strength, product lineup, and its place in the broader annuity landscape in 2026.
Guaranty Income Life (GILICO) at a Glance
| Detail | Information |
|---|---|
| Full Legal Name | Guaranty Income Life Insurance Company |
| Common Name / Acronym | GILICO |
| Headquarters | Baton Rouge, Louisiana |
| Founded | 1926 |
| AM Best Rating | A- (Excellent), verify current rating before any transaction |
| Primary Products | Fixed annuities, whole life insurance |
| Distribution | Independent agent channel |
| States Available | Select states, verify availability |
| Minimum Premium | Varies by product |
GILICO’s Financial Strength and History
Guaranty Income Life Insurance Company has operated in Baton Rouge since 1926. It has nearly 100 years as an independent regional carrier. That long history matters. GILICO has faced the Great Depression and many recessions. It also endured the 2008 financial crisis and Hurricane Katrina. Through it all, it kept its promises to policyholders.
GILICO holds an A- (Excellent) rating from AM Best,
What Types of Annuities Does GILICO Offer?
GILICO’s product lineup centers on traditional fixed annuity products distributed through independent agents:
- Fixed Annuities / MYGAs, GILICO’s fixed annuity offerings provide guaranteed rates for set terms. The carrier periodically appears in multi-carrier MYGA rate comparisons, particularly in states where it is licensed.
- Whole Life Insurance, GILICO has a traditional whole life product lineup for permanent life insurance needs. This is separate from the annuity product line.
GILICO Current Annuity Rates
Live rates from AnnuityRateWatch · Rates updated May 5, 2026
| Product | Term | Rate (APY) | Min Premium | Last Rate Change | |
|---|---|---|---|---|---|
|
Guaranty Rate Lock 3
AM Best A- |
3 Years | 4.3% | $100,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 3
AM Best A- |
3 Years | 4.3% | $250,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 3
AM Best A- |
3 Years | 4.2% | $10,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 4
AM Best A- |
4 Years | 4.5% | $100,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 4
AM Best A- |
4 Years | 4.5% | $250,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 4
AM Best A- |
4 Years | 4.4% | $10,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 5
AM Best A- |
5 Years | 4.8% | $100,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 5
AM Best A- |
5 Years | 4.8% | $250,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 5
AM Best A- |
5 Years | 4.7% | $10,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 6
AM Best A- |
6 Years | 4.1% | $100,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 6
AM Best A- |
6 Years | 4.1% | $250,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 6
AM Best A- |
6 Years | 4% | $10,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 7
AM Best A- |
7 Years | 4.8% | $100,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 7
AM Best A- |
7 Years | 4.8% | $250,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 7
AM Best A- |
7 Years | 4.7% | $10,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 8
AM Best A- |
8 Years | 4.1% | $100,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 8
AM Best A- |
8 Years | 4.1% | $250,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 8
AM Best A- |
8 Years | 4% | $10,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 9
AM Best A- |
9 Years | 4.1% | $100,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 9
AM Best A- |
9 Years | 4.1% | $250,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 9
AM Best A- |
9 Years | 4% | $10,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 10
AM Best A- |
10 Years | 4.1% | $100,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 10
AM Best A- |
10 Years | 4.1% | $250,000+ | Sep 23, 2025 | View Details → |
|
Guaranty Rate Lock 10
AM Best A- |
10 Years | 4% | $10,000+ | Sep 23, 2025 | View Details → |
Rates apply to standard products. State availability varies. Not an offer or solicitation. Always verify current rates before purchasing.
GILICO’s fixed annuity products typically feature standard provisions: a guaranteed minimum interest rate, annual free withdrawal of up to 10% of contract value, and a death benefit provision that pays the full contract value to beneficiaries.
Contact Guaranty Income Life Insurance Company (GILICO)
| Contact Method | Details |
|---|---|
| Website | www.gilico.com |
| Customer Service Phone | 1-800-535-8110 |
| Mailing Address | Guaranty Income Life Insurance Company 2638 S Sherwood Forest Blvd, #200 Baton Rouge, LA 70816 |
Working with My Annuity Store: We are independent. We can compare GILICO with 20+ competing carriers. This includes A-rated options with similar or higher rates. Request a free rate comparison or call 855-583-1104.
Other Annuity Companies to Consider
Comparing carriers is an important part of finding the right annuity. Each company offers different rate guarantees, financial strength ratings, and product features. Here are a few other carriers worth reviewing:
- Mountain Life Insurance Company Annuity Review
- Pacific Life Annuity Review
- Upstream Life Insurance Company Annuity Review
- Northwestern Mutual Annuity Review
- Browse All Annuity Insurance Companies
Want help choosing? Use our live rate comparison tool to see which carriers offer the best rates today.
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